$USD1 As the market conditions worsen + the Chinese Yuan strengthens + the US Dollar weakens + expectations of regulation rise, the USDT to CNY exchange rate continues to weaken.
Currently, the real-time USDT/CNY exchange rate is 7.01, about to break through the 7.0 barrier, while the over-the-counter rate has already dropped to 6.93, with a negative premium of about 1.5%.
Ah, I miss the era of USDT/CNY at 7.2~7.3, with ups and downs, I have lost nearly 5% inside and out. 🥲
{spot}(USD1USDT)